Debt to Assets snapshot
Google's debt to assets was 0.09 in FY2025, compared with 0.03 in FY2024. On a trailing-twelve-month basis it was 0.12 as of Q1 FY26. The debt-to-assets ratio is total debt divided by total assets — the share of a company's assets funded by debt.
Debt to Assets (latest FY)
0.09
Debt to Assets (TTM)
0.12
Debt to equity (latest FY)
0.12
Net debt / EBITDA (latest FY)
0.16
Google Debt to Assets
Total debt ÷ total assets
Debt to Assets vs. related metrics
Google Debt to Assets — by fiscal year
| Fiscal year | Debt to assets | Debt to equity | Net debt / EBITDA |
|---|---|---|---|
| FY2025 | 0.09 | 0.12 | 0.16 |
| FY2024 | 0.03 | 0.04 | -0.08 |
| FY2023 | 0.03 | 0.05 | -0.13 |
| FY2022 | 0.04 | 0.06 | -0.09 |
| FY2021 | 0.04 | 0.06 | -0.08 |
| FY2020 | 0.05 | 0.07 | -0.28 |
| FY2019 | 0.02 | 0.02 | -0.40 |
| FY2018 | 0.02 | 0.02 | -0.46 |
| FY2017 | 0.02 | 0.03 | -0.26 |
| FY2016 | 0.02 | 0.03 | -0.38 |
| FY2015 | 0.04 | 0.05 | -0.57 |
| FY2014 | 0.04 | 0.05 | -0.79 |
| FY2013 | — | — | — |
| FY2012 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Debt to assets | Debt to equity | Net debt / EBITDA |
|---|---|---|---|
| Q1 FY26 | 0.12 | 0.17 | 0.32 |
| Q4 FY25 | 0.09 | 0.12 | 0.16 |
| Q3 FY25 | 0.05 | 0.07 | 0.05 |
| Q2 FY25 | 0.06 | 0.08 | 0.07 |
| Q1 FY25 | 0.03 | 0.04 | -0.07 |
| Q4 FY24 | 0.03 | 0.04 | -0.08 |
| Q3 FY24 | 0.04 | 0.05 | -0.04 |
| Q2 FY24 | 0.03 | 0.05 | -0.13 |
| Q1 FY24 | 0.03 | 0.05 | -0.12 |
| Q4 FY23 | 0.03 | 0.05 | -0.13 |
| Q3 FY23 | 0.04 | 0.06 | -0.20 |
| Q2 FY23 | 0.04 | 0.06 | -0.15 |
Figures normalized from SEC filings. See the full Google ratios & metrics.